RENT A ROOM IN YOUR HOUSE: FOLLOW THESE 5 STEpS FOR MAXIMUM PROTECTION

The population of the United States continues to grow every year as more individuals flock to the U.S. The demand for rental housing increases with this growth. If you own a home and want to make some extra money every month, here is a guide on how to rent a room in your house.

Renting out a room in your house requires even more scrutiny of potential roommates because you share a home with them. Many of the same guidelines apply to rental properties and room rentals, yet significant differences exist.

Renting a Room vs. Renting Out a House

Before you decide to take in a roommate, you should research how much money you can charge for rent.

How To Rent a Room

Step 1: Price  Your Room Competitively.

A roommate ad should support your desire to find the perfect roommate and spell out the specific characteristics and attractive traits you want in a roommate.

Step 2: Be Specific in Your Room Advertisement

Once the ad is active, people will begin calling you. Prepare several questions to ask them to get a sense of who they are and if they would be a good fit for you.

Step 3: Ask the Right Screening Questions

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